All Grown Up: The Cost of Raising a Child [Infographic]

Tax News

Parents who are lucky enough to bring a new bundle of joy into the world can expect to spend between $200,000 and $500,000 before their child even makes it to college.  Whew! Don’t forget to take advantage of tax breaks for your children when you file your taxes.  Our infographic breaks down the different expenses involved with raising a child and looks at the total costs from birth to age 17.

Infographic by Column Five Media

[tt_share_code url="http://images.blog.turbotax.intuit.com/swf/TurboTax-Cost-of-Raising-Child.png" width="580" height="1610" title="Cost-of-Raising-Child" alt="Cost-of-Raising-Child"]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s